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Today In Data: Digital’s Growing New Frontiers

PYMNTS

It might not have been a great week in the stock market for tech or retail firms, but by the numbers, there’s also been an awful lot of demonstrated growing consumer affection for all things digital when it comes to commerce. Amazon saw strong gains and sales results in Q3, even if Q4 predictions failed to inspire. million.e.

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Luxury Fashion Brand Valentino Tries To End Manhattan Lease

PYMNTS

The advent of online shopping for high-end items, however, has made it more difficult for fashion houses as well as other merchants to support expensive rents at a times when sales have dropped at the Fifth Avenue spot for a number of luxury fashion labels.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

The bill would also increase the average annual gross volume of sales of retail stores, service industries, hotels, motels, and 16 restaurant operations from $95,000 to $500,000 to qualify for an exception. House Bill 2481 seeks to increase the minimum wage to $15 per hour by 2029 through incremental increases. West Virginia.

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Amazon’s Prime Subscriptions To Hit 275M In Next Decade

PYMNTS

CNBC , citing Citigroup analysts, reported that the Wall Street firm argued in a research report – in which it raised its price target on the stock – that the rest of Wall Street doesn’t appreciate the full value of Prime, and that the company could enjoy more than $500 billion in Prime gross sales each year within a decade.